Branch Notice Issue 2

Our Branch Notice Issue 2 offers you the flexibility to access your money as often as you like, by giving us 60 days’ notice. And if you really need to get hold of your money, we’ll give you instant access subject to a charge. Perfect for your medium-term savings.

Account details

  • Access to your savings by giving 60 days' notice


  • Make as many withdrawals as you like


  • Instant access withdrawals in an emergency subject to 60 days' loss of interest on the amount withdrawn


  • Branch only savings offer


  • £500 required to open an account


Summary table

Account name

Branch Notice Issue 2

Interest rates (AERs)

Annual interest 0.25% gross rate p.a./AER*
The interest on this account is variable, this means that it can go up or down. The basis on which we might change your interest rate is set out in our terms and conditions

Tax status

We will pay your interest without tax taken off. It is your responsibility to declare any interest you earn over your personal savings allowance directly to HMRC. Your tax treatment will depend on your individual circumstances and may be subject to change in the future, for further information please contact HMRC

Conditions for bonus payments

No bonus payable

Withdrawal arrangements

60 days' notice

Access

Branch

Additional information

There are other savings accounts available with The Nottingham and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point

Key product information

Download key product information

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  • Rates & account details
  • Managing your account
  • Opening an account

Your interest


We will pay your interest on 28 February each year. We can pay it straight into your Branch Notice Issue 2, into another account with The Nottingham or into another bank or building society account. Just let us know on your application form what you’d prefer us to do.

Every year we will send you a statement in March telling you how much interest you have earned, the rates that have applied to your account over the last year and the current rate of interest.

Paying money in


You can pay money into your account either in person at any of our branches using your passbook or by standing order from another account.

The minimum investment you can make is £500 and you can add to your account up to a maximum of £750,000.

Taking money out


You can make as many withdrawals as you like but must keep at least £500 in your account at all times.

You can make free withdrawals by giving us 60 days’ notice. You can also have instant access to your money but you will be charged 60 days’ interest on the amount you withdraw.

Your passbook will be updated with your new balance every time you make a withdrawal.

How to open

To open an account you must:

Call your local branch and speak to one of our advisers and find out how you could benefit from a savings account.

Current interest rates from 7 Dec 2016

Balance Gross rate / AER* Net rate+
£500 - £750,000 0.25% 0.20%

Previous interest rates from 1 Sep 2016

Balance Gross rate / AER* Net rate+
£1 - £750,000 0.50% 0.40%
*We will pay your interest without tax taken off. It is your responsibility to declare any interest you earn over your personal savings allowance directly to HMRC. Your tax treatment will depend on your individual circumstances and may be subject to change in the future, for further information please contact HMRC. AER stands for Annual Equivalent Rate. It shows what the interest rate would be if the interest was re-invested in the account each year. Interest rates are variable unless otherwise stated.


+The net rate(s) shown assume(s) income tax at the lower rate of 20% has been taken off.

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